Fortress Asia Macro Fund To Debut In March

Feb 10 2011 | 5:00am ET

Fortress Investment Group is set to christen its new Singapore office with a new hedge fund bringing its signature strategy to Asia.

The New York-based firm will launch its Fortress Asia Macro Fund next month, HFMWeek reports. The new fund will be managed by Adam Levinson, Fortress' global macro co-chief investment officer. Levinson recently moved to Singapore to set up the new office.

The Asia macro fund has been in the works for some time; Fortress said it would create such a fund when it announced Levinson's move in October.

The new fund will seek to profit from fundamental trends linked thematically to Asia, according to HFMWeek.

"The Asia region has long been a major focus of our liquid markets business, and we believe the region will continue to present attractive opportunities for us to leverage our global macro capabilities on our investors' behalf," Levinson said last year.


In Depth

Fundraising for Mid-Sized PE Funds: Should You Use a Registered B/D?

Dec 6 2016 | 7:18pm ET

When does a fund sponsor need to use a registered broker/dealer when raising capital...

Lifestyle

Trump Attends 'Villains and Heroes' Costume Party Dressed As...Himself

Dec 5 2016 | 11:16pm ET

U.S. President-elect Donald Trump attended a "Villains and Heroes" costume party...

Guest Contributor

A Hard Look At Your ‘Soft’ Hedge Fund Marketing Information

Dec 8 2016 | 9:03pm ET

Conventional wisdom holds that due diligence examines quantitative as well as qualitative...

 

From the current issue of

Since the inception of Modern Trader, a core editorial theme has centered on the wisdom and power of crowds. Editorial emphasis has focused on companies and projects engaged in the collection and analysis of information. 

AVAILABLE NOW at BARNES & NOBLE

NEWSTAND LOCATOR